By Suzanne McGee

(Reuters) -AI hype that has helped push U.S. stocks to fresh records this year has driven an explosion in leveraged single stock exchange-traded funds, a universe of speculative products that is likely to be tested by Nvidia’s Wednesday earnings.

Companies that investors expect to benefit either directly or indirectly from the AI revolution now dominate U.S. single stock leveraged and inverse ETFs, underscoring investor demand for products that magnify their AI-themed bets, according to a Reuters analysis of industry data from issuers, Morningstar and CFRA Research.

So far in 2025, asset managers have launched 112 U.S.-listed leveraged and inverse ETFs tied to a single stock, compared with 38 in all of 2024, according to data from Morningstar, CFRA Research and issuers,

See Full Page